Dental Appliance Market - Forecasts from 2022 to 2027

The dental appliance market is predicted to augment at a CAGR of 11.84% to reach US$15,625.175 million in 2027, from US$7,139.192 million in 2020.

Dental appliances are referred to as common parts of dentistry and orthodontics and are defined as any dental device involved in a dental treatment procedure. The appliances can be either permanent or removable. These help in repairing a damaged tooth or teeth or help in the replacement of missing teeth, and hence provide the best outcome from orthodontic care, contributing to improving the overall oral health. The market is projected to grow during the forecast period due to the rising dental health awareness among individuals at the international level. Hence, people prefer visiting dentists in order to maintain their oral health. The growing disposable income and increasing purchasing power have further allowed individuals to pay attention to enhancing their looks and focus on dental beautification. Hence, people are opting for teeth alignment and are using braces, further propelling the market growth during the forecast period. Furthermore, booming dental tourism is further providing an impetus to fuel the market growth during the forecast period.

On the basis of geography, North America and Europe are projected to hold a significant market share in the global dental appliances market owing to the advanced dental healthcare facilities in these regions. Furthermore, in the United States, there is a shift from volume-based care to value-based care, contributing to surging market growth during the course of the forecast period. On the other hand, the market in the Asia Pacific region is predicted to experience high growth prospects owing to the rising disposable income of consumers along with the increasing dental health awareness among individuals.

The surging demand for cosmetic dentistry is further augmenting the market growth in the forecast period.

As per the United States Bureau of Labour Statistics, there is a demand for licensed dentists. This is further projected to augment by around 18% by the end of 2024. Over 20,000 new dentists are predicted to enter the profession. One of the major reasons driving the increasing demand for dentists includes the increasing global demand for cosmetic dentistry. The growing demand for cosmetic dentistry is further supported by the surging disposable income of consumers who are willing to spend on their appearance. For example, according to the National Bureau of Statistics of China, the per capita disposable income of residents in China was reported to be around 30,733 yuan in 2019. This was an increase of around 8.9% from the previous year. The per capita disposable income of urban households was recorded as 42,359 yuan. A growth of around 7.9%. Following the deduction of the price factor, the real increase was around 5%, and the per capita disposable income of rural households was reported to be around 16,021 yuan in 2019, achieving a growth of around 9.6% from 2018.

As per the American Academy of Cosmetic Dentistry predictions, it was reported that 99% of individuals consider their smile is one of the most essential social assets. Hence, this indicates that cosmetic dentistry is gaining popularity along with high market demand in the forecast period, further providing high growth opportunities for the dental appliances market to thrive during the course of the forecast period. Some of the most popular cosmetic procedures include teeth whitening and correction of teeth alignment. Consumers visit dentists for veneers, crowns, and braces, and hence, to improve their teeth's appearance and function. In spite of the fact that cosmetic dentistry demand is projected to surge in the forecast period, many insurance companies do not provide reimbursements for expensive dental procedures. However, the increasing marketing of the products and services is contributing to increasing consumer awareness of all the offerings by cosmetic dentistry. Hence, with this, it is indicated that the growth of this sector will remain unaffected by the insurance reimbursements, as individuals at the global level are seeking dental treatment procedures that aid in improving their appearance.

The booming dental tourism industry worldwide is driving the market growth during the forecast period.

At the international level, dental tourism is gaining popularity, with Hungary, Costa Rica, and Malaysia allowing an inflow of dental tourists every year and becoming hubs providing efficient dental care. Patients are willing to travel in order to have access to dentists with extensive knowledge. In addition, they are offering advanced dental treatments too, at affordable costs. As there are so many options, individuals travel in order to opt for the best deals and pay for the best services that are cheaper in comparison to their own country. The most popular places for dentures and crowns include the United Kingdom, Mexico, the Philippines, Costa Rica, and India.

It has been reported that most Americans are devoid of receiving dental insurance, hence, for them, a dental procedure may be quite expensive. As per the Centers for Disease Control and Prevention analysis, more than a third of adults in America have not visited any dental professionals in 2017. According to the American Dental Association, around 40% of American adults claimed that they did not visit the dentist due to the high cost. Hence, with soaring prices in the home country, patients find it quite convenient to travel to other regions for affordable dental care, further providing strong growth prospects for the market to thrive in the forecast period with a rise in dental tourism.

Key Developments in the Market:

In February 2022, Aspen Dental and Zest Dental Solutions entered a partnership. Zest Dental solution's three-year agreement with Aspen Dental covers over 930 facilities in 45 states. According to this partnership, Zest will be Aspen Dental's "Preferred Dental Partner" for LOCATOR, LOCATOR Overdenture, and LOCATOR R-Tx implant Solutions as part of this DSO agreement.

In May 2021, Western Dental & Orthodontics partnered with the Straumann Group to extend access to dental implants. Based on this partnership, all 333 Western Dental and related locations will get high-quality dental implants, abutments, and crowns from Straumann under the Neodent brand. Furthermore, the latter is also expected to offer clinical training, market assistance, and patient education during the initiative's implementation.

In October 2020, Formlabs, a major 3D printing firm, and Braces On Demand, an orthodontic technology startup, entered a partnership. Through this partnership, Formlabs was able to 3D print braces and orthodontic appliances for its users in-office using Braces On Demand's unique technology. This collaboration is part of Formlabs' Dentistry Business Unit, which was established in late 2019 with the goal of expanding the potential of digital 3D technology in the global dental industry.

COVID-19 Impact

COVID-19 had a significant impact on the global dentistry appliance market. The surge in active cases and mandated lockdown decreased the number of patient visits to the dental clinics. In March 2020, the American Dental Association (ADA) recommended dentists postpone elective treatments for the next three weeks to help combat the spread of COVID-19. The association further suggested that dentists focus on emergency cases. Furthermore, according to a survey conducted by Global Dental Council, over 69 percent of dental business owners reported their current average monthly dental business revenue had declined compared to the previous year's average monthly income. At the same time, over a third (35%) expected that their income would remain lower than it was before COVID in the coming year, while just under a third (30%) predicted that it would remain stable. Such factors significantly impacted the market.

Segmentation:

By Type

• Permanent
• Removable

By Product Type

• Crowns & Fillings
• Bridges
• Braces

By Distribution Channel

• Online
• Offline

By Geography

• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Europe
• UK
• Germany
• France
• Middle East and Africa
• UAE
• Israel
• Saudi Arabia
• Asia Pacific
• Japan
• China
• India
• Australia
• South Korea
• Indonesia